Short Interest in Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) Drops By 78.6%

Key Points

• Super Hi International Holding Ltd. reported a significant decline in short interest, dropping by 78.6% to just 300 shares as of July 31st.
• The company's shares opened at $19.29, with a market cap of $1.25 billion and a price-to-earnings ratio of 32.15.
• Super Hi International last reported quarterly earnings of $0.20 per share, aligning with analysts' expectations, while revenue for the quarter was $197.78 million.

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 300 shares, adecreaseof78.6% from the July 15th total of 1,400 shares. Approximately0.0% of the shares of the stock are short sold. Based on an average daily volume of 2,800 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 2,800 shares, the short-interest ratio is presently 0.1 days. Approximately0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Super Hi International

Institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE purchased a new position in Super Hi International in the fourth quarter worth about $52,000. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in Super Hi International in the second quarter worth about $157,000. Finally, Jane Street Group LLC purchased a new position in Super Hi International in the fourth quarter worth about $295,000.

Super Hi International Trading Up 2.2%

Shares of NASDAQ:HDL traded up $0.44 during trading on Tuesday, reaching $20.04. 497 shares of the company traded hands, compared to its average volume of 2,510. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 33.39 and a beta of -0.51. Super Hi International has a 52-week low of $14.18 and a 52-week high of $30.00. The company has a current ratio of 2.60, a quick ratio of 2.32 and a debt-to-equity ratio of 0.46. The business's fifty day moving average is $19.67 and its 200-day moving average is $21.57.

Super Hi International (NASDAQ:HDL - Get Free Report) last announced its quarterly earnings results on Wednesday, May 21st. The company reported $0.20 EPS for the quarter, hitting analysts' consensus estimates of $0.20. Super Hi International had a return on equity of 10.70% and a net margin of 4.84%. The company had revenue of $197.78 million during the quarter. As a group, analysts forecast that Super Hi International will post 0.67 EPS for the current year.

Super Hi International Company Profile

Super Hi International Holding Ltd., an investment holding company, operates Haidilao branded Chinese cuisine restaurants in Asia, North America, and internationally. The company is involved in the food delivery business. It also engages in sale of hot pot condiment products and food ingredients. The company was incorporated in 2022 and is based in Singapore.